Top 25 Mobile Startup Investors in Iceland (August 2026)

Portfolio highlights

• Optise — Optise is the self-improving B2B website platform that automatically ships data-driven improvements every week so you get more leads and customers without becoming a website expert.
• MyDello — Get instant quotes for all transportation modes. Enter a new era of freight forwarding with the MyDello logistics platform. Sign up for free
• Euler — Euler is a software company focused on addressing the issue of build-to-build and machine-to-machine variability in metal additive manufacturing (AM).

Portfolio highlights

• Numan — Convenient care, tailored to you. Offering treatments for weight loss, diagnostics, erectile dysfunction, hair loss, and more.
• Nord Security — Nord Security is the leader in the field of online privacy and security. Our security tools have earned praise from respected experts and tech outlets.
• Steel City Interactive — Steel City Interactive develops gaming.

Portfolio highlights

• Sowilo — Sowilo created Catecut, a platform-agnostic technology that leverages artificial intelligence to detect fashion products and design elements in store product photos.
• Sundra — Sundra turns the materials you already have into structured training courses in hours, then delivers them in 70+ languages. Built for HR and L&D teams.
• Arcana Bio — ArcanaBio is developing realtime biosurveillance solutions that minimize workplace disruptions and support health & wellness

Portfolio highlights

• ScyAI — Risk intelligence that thinks with you.
• Noah — API-first stablecoin payments, enterprise-grade compliance and real-time settlements, powered by stablecoin technology.
• Flow Engineering — Requirements management, made collaborative

Portfolio highlights

• Anrok — Anrok automates sales tax compliance across your financial stack, so you can grow your SaaS business in any market.
• Pets Deli — PETS DELI is a leading D2C pet food brand in Germany with a clear focus on subscription based eCommerce, headquartered in Berlin. The company’s vision is to become the ultimate biggest and most customer centric D2C pet food brand in its core markets. PETS DELI’s unique business model is based on multiple diversified and recurring revenuestreams: The company markets its superior product offerings via online subscriptions, their online shop, offline flagship stores as well as selected partners in the most dominant retail chains.
• Acutus Medical — Acutus Medical develops medical technologies to treat complex cardiac arrhythmia. The company's platform displays the heart’s true activation pattern, turning the chaos of a complex arrhythmia into a clear vision for electrophysiologists.Acutus Medical is a privately funded company founded in 2011 and based in Carlsbad, California. Itsproducts are co-developed in the U.S. and Europe with an exceptional team of medical scientists, biomedical engineers, and other professionals.It was founded in 2011 and headquartered in Carlsbad, California.

Portfolio highlights

• tbh — tbh is a developer of a mobile application designed to provide anonymous feedback to friends. The company's mobile application facilitates asking or answering questions, open text fields and invite abuse when combined with anonymity, enabling users to say things without repercussions and feel better about themselves from the positive feedbackon social networks.
• geoSurge — Customers don't search. They ask.
• BrainSpec — BrainSpec is a comprehensive web-based software platform designed to make MRS technology accessible to clinicians and researchers alike. The software combines a linear combinations model based post-processing back-end that represents the most accurate method of measuring brain metabolites with a highly intuitive and user-friendly front-endweb-based user interface. This combination allows for high analytical performance while maintaining ease of use and results in reduced case processing time, leading to higher output and lower costs

Portfolio highlights

• Bungalow — Bungalow is a residential real estate platform that provides renters with a more convenient, flexible, and communal living solution. It utilizes existing housing supply by signing long-term leases with homeowners, and offers multi-bedroom homes in some of the most desirable neighborhoods in cities throughout the United States.Bungalow offersprivate bedrooms with handpicked housemates in beautifully furnished homes across seven major cities. Each home comes furnished and includes wifi, utilities, housekeeping, and monthly community events for members.Andrew Collins and Justin McCarty founded Bungalow in 2016. Its headquarters is in San Francisco in California.
• DeSo Foundation — DeSo is a layer -1 blockchain designed to build and scale decentralized social apps to 1 Billion users. Take back ownership of your content and social graph with web3 versions of Twitter and LinkedIn.
• Big Shot Pictures — A next-generation studio focused on building global franchises.

Portfolio highlights

• The Kive Company — The Kive Company operates under the names Artkive and Lifekive. Artkive the leading service that helps parents celebrate their kids' art. Artkive offers the Artkive app for people who want to DIY or the Artkive Box for people who want to send in their art to be professionally photographed and turned into keepsake books or custom-framed mosaicprints. The Kive Company was incorporated in 2012 and is based in Los Angeles, California.
• Umano — Umano is an audio streaming service.
• Cubcoats — 2-in-1 wearable & playable transforming friends. A take everywhere that kids and parents equally adore.

Portfolio highlights

• Island — Meet Island, the Enterprise Browser that gives you control over SaaS governance, visibility and productivity. Secure your critical data and apps with Island.
• Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/7a5aSCUfnr https://t.co/x14hb3jO7O
• ApnaPaisa — ApnaPaisa offers the Best Deals on Home Loans, Personal Loans, Credit Cards and EMI Calculators in India. EST'D 2007.

Portfolio highlights

• Fenda — Fenda is an app where users can set their own price for answering questions in a field they are good at, and others can ask questions and pay for answers. Additionally, users can pay to listen to other questions and answers in the app
• Gaana — Gaana.com- Listen & Download latest MP3 songs online. Download new or old Hindi songs, Bollywood songs, English songs* & more on Gaana+ and play offline. Create, share and listen to streaming music playlists.
• Full Truck Alliance — Full Truck Alliance is a platform that connects shippers with truckers to facilitate shipments across distance ranges and cargo weights. its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services.

Portfolio highlights

• Movi — Movi is building a new canvas for creation and ownership of web 3.0 visual content.
• Luxola — Luxola was launched in Singapore in 2011 and has quickly grown into the destination for beauty in Southeast Asia; carrying over 4000 products and serving customers across the region including Australia, India and the UAE. Easily accessible. Luxola is committed to providing you with outstanding customer service and bringing you the best brandsfrom around the world, under one platform. All of our products are 100% authentic. We carry over 250 brands, of which over 65 brands across multiple markets are exclusive to Luxola.Education empowers our customers. With each product, Luxola provides ‘how-to’ advice and a review platform, giving you the power to hear from others with similar skin tones and types.Staying relevant is at the core of everything we do. In addition to providing a platform to purchase all your beauty favourites when you want, every week we pen LX Edit, our digital lifestyle magazine, offering inspiration and the latest insight into makeup, skincare, hair and celebrity fashion.
• QuizUp — Plain Vanilla is an Icelandic Game Studio based in Reykjavik Iceland and in San Francisco. It develops a real-time multiplayer quiz platform for mobile devices.

Portfolio highlights

• Trifacta — Trifacta has joined Alteryx to help customers and partners bring even more value to their businesses, powered by breakthrough data analytic insights.
• Uplift — Uplift is an enterprise Buy Now, Pay Later solution serving over 100 of the world's top travel brands. Through personalized, flexible payment options, Uplift helps consumers take control of their budget and experience a world of travel. With a complete range of payment options, Uplift unlocks higher conversions and lifetime customer value formerchant partners.The company was founded in 2014 and is headquartered in Menlo Park, California.
• Tempered — straightforward network segmentation and secure remote access between any two systems anywhere for IT, Operational Technology, IOT, IIOT, Cloud, Mobile. zero trust SDP

Portfolio highlights

• nyra health — nyra health is an artificial intelligence and evidence-based neurological research tablet app that offers a revolutionary form of therapy. nyra health was founded in 2020 and was headquartered in Vienna, Austria.
• Nuclidium — NUCLIDIUM is a clinical-stage radiopharmaceutical company that develops novel radionuclide PET tracers for precision diagnostics. Using copper isotopes, Copper-61 for diagnostics and Copper-67 for therapeutics, the company is creating a differentiated platform with the potential to overcome existing limitations in radiotheranostics.
• Beren Therapeutics — Founded to serve patients through transformative medicines

Portfolio highlights

• Odeal — Oedeal is a developer of an app designed for companies to take payments via mobile. With the help of the company's platform, shops can do away with cash registers and accept payments from customers using tablets, smartphones, or point-of-sale devices, allowing them to finish their purchases right away. Making it simpler for all entrepreneursto access financial services is central to their mission of boosting the competitiveness of both enterprises and the nation.
• Fanbase — Fan engagement software built for the business of sport. Launch digital ticketing, memberships, hospitality packages in a matter of hours.
• Flow — Flow is FinTech 3.0: It let's you automate payments between your bank accounts and wallets. Based on triggers and actions you can transfer your money automatically to the accounts you choose. Use Flow to automate a budgetting system, your investing, buying crypto or to distribute your money the way you like it. Where the previous generationpayment companies needed to build and maintain expensive payment rails, Flow focusses on leveraging Open Banking. People trust Flow to help with their cashflow automation.

Portfolio highlights

• LAXEY — LAXEY specializes in sustainable land-based aquaculture and the development of fish farming facilities.
• Kaldvik — Kaldvík is a fishing company specializing in sustainable salmon farming. The company focuses on environmental responsibility, with an emphasis on eco-conscious practices, community engagement, and advanced salmon welfare management. Their operations are free from antibiotics and salmon lice, ensuring high-quality, ethically sourced products.
• First Water — First Water is revolutionizing the salmon farming industry with its innovative approach to sustainable aquaculture. Founded in 2017, the company set out with a clear vision: to produce high-quality salmon while minimizing environmental impact and leading the way in responsible seafood production.

Portfolio highlights

• Arconex — Arconex - Vertical AI SaaS for the Architecture, Engineering & Construction (AEC) Industry.
• Zipdrug — Discover the innovative capabilities and solutions from CarelonRx that help remove barriers, personalize experiences, and improve health outcomes.
• MessageYes (formerly ReplyYes) — MessageYes' mission is to help people effortlessly discover and purchase items they love using their mobile phones. MessageYes is the first platform to offer frictionless e-commerce over mobile messaging for brands looking to engage and transact directly with their customers. Leveraging artificial intelligence (AI), human-assisted AI, andintegrated payments, the MessageYes platform learns from customer feedback to make the experience serendipitous to each person and brand. Message recipients simply reply "Yes" to instantly buy from their mobile phones.

Portfolio highlights

• Evolytes — Evolytes is an educational platform that teaches children mathematics faster and more effectively through a mobile game.
• dala.care — Here for you - improving home care one visit at a time

Portfolio highlights

• Betable — Betable is a leading iGaming platform provider, offering a comprehensive, casino-first solution designed for scalability and multi-vertical integration. Empowering operators with cutting-edge technology and dual licensing (UKGC + Anjouan), Betable delivers a seamless user experience with built-in CRM and acquisition tools.
• Hinge Health — The #1 clinic for joint & muscle pain. Join today and take control of your pain with access to our personalized virtual physical therapy program
• Frontier Health — Frontier Health develops artificial intelligence tools that help healthcare administration teams manage repetitive and high-volume tasks within existing clinical workflows. Its primary product, Juno, functions as an AI coworker that supports care coordination by processing information across multiple patient pathways and software systems. Theplatform is designed to work with a wide range of healthcare applications, enabling organizations to use their current systems while reducing manual administrative work. Frontier Health emphasizes clinical safety, data security, and compliance with healthcare standards, including NHS guidance and information security certifications. The company brings together technology specialists and healthcare professionals with experience working across numerous hospitals to address operational challenges in healthcare delivery.

Portfolio highlights

• Biproxi — Streamline and shorten commercial real estate transaction cycles with access to better data, front-loaded deal information & streamlined communication. Join our verified community.
• Laminar — H2Ok Innovations Harnesses Artificial Inteligence and Data Science to Empower Comunities With the Knowledge for Clean Water.
• Applied Intuition — Applied Intuition enables engineering and product development teams to safely develop, test, and deploy autonomous vehicles at scale.

Portfolio highlights

• Baz — Baz AI Code Review is an AI-native code review platform designed to help engineering teams ship higher-quality code faster
• Surf AI — In a world of AI attackers, remediation can no longer be done at human speed. Surf AI is the only way to maintain security posture at the speed of AI.
• Generalist AI — At Generalist, we are on a mission to make general-purpose robots a reality.

Portfolio highlights

• Evolytes — Evolytes is an educational platform that teaches children mathematics faster and more effectively through a mobile game.

Portfolio highlights

• StackStr — Real time monitoring of machine learning systems.
• Qualified — Qualified is the most effective platform for evaluating and training world-class engineers. Utilizing real-world assessment methodology we enable companies to identify high-performing hires.
• Spaceship — A platform for Continuous Delivery. Turn your code into containers automatically. Get it running on Kubernetes instantly.

Portfolio highlights

• Teatime Games — Teatime Games is an Iceland-based gaming startup that reinvents social games.
• Lilium — Lilium is developing sustainable, high-speed air mobility through its electric vertical take-off and landing aircraft, vertiports and digital service.
• Scaled Inference — Scaled Inference is a U.S.-based company that operates in stealth mode and offers artificial intelligence as a cloud service. It offers a new generation of intelligent software built by the masses and powered by an open shared platform. Scaled Inference was founded in 2014 and is headquartered in Palo Alto, California.

Portfolio highlights

• Orikine Bio — Orikine Bio is a pioneer biotech company in the field of tailored cytokines with unmatched biological properties for the treatment of immune-mediated disorders.
• Splice Bio — Splice Bio is a gene therapy company based on technology developed in the Muir Lab at Princeton University. The company is developing novel gene therapies based on its proprietary intein platform technology to treat patients that suffer from incurable genetic diseases. The company’s platform has the potential to address two existing limitations ofadeno-associated viruses (AAVs), both by increasing the size of the cargo gene that can be delivered and by expanding the range of tissues that can be targeted.
• Ona Therapeutics — Ona Therapeutics is a biotech company that specializes in the discovery and development of therapeutic biologics targeting tumor metastatic-initiating cells and lipid metabolism. Founded in 2019 by Salvador Aznar-Benitah and Valerie Vanhooren, it was a spin-off from ICREA and Advanced Studies, and the IRB Institute for Research in Biomedicine.

Portfolio highlights

• Cameo — Cameo is a marketplace where fans can book personalized video shoutouts from their favorite people.Cameo's mission is to create the most personalized and authentic fan experiences in the world. We're a marketplace where users can book personalized video shoutouts from their favorite people. We currently partner with thousands of talentacross all verticals. Cameo’s offices are in 1871 and we are proud to be part of Chicago’s thriving technology and startup community.
• Getta — We partnered with danisauto.com, to give you the best car buying experience.
• Fonoa — Manage your sales tax, VAT, and GST obligations seamlessly through our API, globally. For internet businesses around the world, we make taxes simple, automated, borderless, and accessible via our API.